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Jan 21, 2013 4:30pm PST
our competitive edge. some say it's because america's fragile economy is a distraction for corporate america. others point to our inferior infrastructure and sub-par public education. but adam segal, author of "advantage," says the big problem is others are gaining ground. >> we have been kind of running in place for the last three or four years because of the recession, spending on r&d, and big ideas seem to be fairly scarce while china just continues to funnel more and more money into it. >> reporter: still many argue the u.s. will always be extremely competitive because we are t most innovative country in the world. what better place to witness innovation at work than at i.b.m. in westchester county, new york. this is the home of watson, big blue's super computer. watson was clever enough to beat "jeopardy" champions at their own game just a few years ago. now, i.b.m. researchers are working on new uses for the brainiac computer, particularly in the field of medicine. bernie meyerson calls himself i.b.m.'s head geek. he says innovation is critical for companies and societies to su
Jan 22, 2013 7:00pm EST
hours trading. that tells me that the economy is doing better. what is your take? >> i think the economy is more mixed. it seems to me, google hot today and obviously a great tech story and also an advertising tostory. friday, general electric. kind of told us that world economic expectations might be better. is the world better? >> i think it is possible that the eearnings are going to be better. if you look at the bottom of estimates, they were $114 for the s&p -- i'm sorry $120 they are coming down. we suspect they are going to continue to come down. we suspect the corporate earnings are going to come down. i want to add economic stuff to this. today, existing home sales 12.8% above a year ago. existing home sale prices plus 11%. that is progress it was falling at 4%. last week, manufacturing up, capitol goods up. are he ewe estimating the econo? >> clients are asking me about upside risk. nobody is asking about upside risk. i think the question is, is it in the price already. >> all related to the housing ready. for, the fed is easy. we all know the fed is easy because it has a feder
Jan 23, 2013 7:00pm EST
with the u.s. energy revolution, aring if to help us this year on the economy. let's bring in our ace investors, david goldman, former head of income grout at bank of america and michael farr, author of "restoring our american dream, the best investment. abigail doolittle, the investors killed it after hours. >> i think what's going on is an important inflexion point. we had another earnings miss, another guide down. this once superstar amongst the text stock has been falling for a few months. i think traders answered vestors were waiting for this report to see what the future with look like. unfortunately it's not as bright as some might have hoped for and that's now showing up in the stock. >> is there an offset here? google did very well today and revenue was very good. apple versus google consideration apple stop this rally? i don't think so but i want to get your take on this. what does it mean apple is doing badly? is it an apple thing, an economy thing or consumer thing or what? >> i think that's a great question. i think right now i tend to agree with you. i think investors wi
Jan 23, 2013 1:00am EST
so we can keep interest rates low so we can make sure we don't hurt our economy. >> i want to command -- commend you on the effort of people to just put out a budget. with all due respect on my friends on the other side, last year they were in majority, they chose not to do that. they chose thinking it would provide political cover. it didn't. i think that's what's gone "encore booknotes" the senate side. calculation that somehow this will spare some of our members from difficult votes. i commend you for developing a difficult budget and getting your colleagues to vote on it and it was a legitimate issue in the campaign. i think it's an appropriate place to have the discussion. you come, you vote, we go have a campaign. that helps the country clarify the issues. we move on. the house has fulfilled its responsibility in that regard in through the fire in the election. i think that's fair. the senate just simply has not. and it is discouraging. you know, it just takes 51 votes. that's all it takes over there. i actually heard commentators tell us, oh, no, it takes 60. it takes no such t
Jan 20, 2013 7:00pm PST
in a global cloueconomy. it has altered local economies because so many manufacturing and technology jobs are moving, whether it is a matter of costs for going where the trained work force is. we're fortunate to have to governors here to talk about how that change affects their jobs and what they're doing to jump- start their economies which compete with one another. this could be fun. let me start with our guest. governor hickenlooper. i knew that was going to happen. most of us here are pretty much aware of california's budget crisis. can you give us a quick briefing on where colorado is and what you are trying to do to turn things around? >> our budget is just as dressed as almost every state in the country. we have been working trying to control costs, get our pension funds in line, our state employees have not had a raise in four years. it has been difficult all the way around. the real challenge has been to try and turn public sentiment and get people to recognize it without a strong economy. it will not solve any of these problems. we have been relentless in what we did, the bottom
FOX News
Jan 22, 2013 1:00pm PST
on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at ♪ at itbut sleep train's huge foyear eends sunday. salels, get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and closeout inventory. plus, free same-day delivery, set-up, and removal of your old set. don't wait, sleep train's year end clearance sale ends sunday. superior service, best selection, lowest price, guaranteed. ♪ sleep train ♪ your ticket to a better night's sleep ♪ >> neil: all right. in the middle of earnings season, we don't give you every one, but we try to give you the ones that are cons quential or meaningful, google is considered such a barometer for t
Jan 23, 2013 6:00am EST
actually a friend of the system and the economy. take a listen to this one. >> i think jpmorgan was a -- was not just a fair weather friend. we were there in good times and bad times for everybody, including nations. for spain and italy we will tell you -- we were lending $15 billion net of collateral. net derivatives, spain and italy. yes, it's governments and multi- nationals if you want to be transparent. what would you do? what would you all do? if you were my board of directors, it's easy to say don't take the risk. move out. we've been in spain and italy, one for 60 years, wur finish over 100 -- one for over 100. we're not a fair weather friend. companies want us there. we have to manage that risk. something may go wrong. >> got to tell you guys, the feedback after that panel was actually not good. a lot of people criticizing jamie just in the hallways. obviously a lot of people happy to see him defending the bank. a lot of bankers here. the mood, nature of where we are. there was some criticism. the other big news, by the way, not happening in davos -- yeah? >> i was goin
FOX Business
Jan 22, 2013 9:00pm EST
year until 2013 to make the world economy more green. that's $14 trillion. joining me now, the heritage foundation who focuses on energy, environmental regulatory issues. i have to tell you, you have to hear what they say. the former mexican president talking about the goal here. economic growth and sustainability are interdependent. you cannot have one without the other. what do you say? >> well, if that is the case what we need to subsidize it with taxpayer dollars? if this is such a profitable idea, if the green energy market is a multitrillion-dollar economy, then let the ceos and venture-capital this figure that out. while this been a your money in my money? it makes economic sense. this culture of promoting these ideas with government capitol only creates government welfare or corporate welfare and creates corporate dependence. gerri: companies that fail as we talked about some many times in the show. whether you're talking about solyndra or a number of others that our government financed. you would think that maybe these are just wacked-out the trees coming of the wild ideas. and
FOX Business
Jan 24, 2013 6:00pm EST
on the dow today was the drop in jobless claims. while that is good news, markets and the economy have another big headache. it's called washington. with me now, harvard economist jeffrey myron. good to see you. as always, let's start with these weekly jobless claims. it's getting some attention, some bus. they were down 5,000 to 330,000. that is the lowest level in, i believe, two years. pretty impressive. is this a trend? >> at think it probably is. i think we will see gradual and continual improvement in the jobless numbers. it will gradually see some improvement in the unemployment rate. and don't think it's going to be really fast. of the car going to see overall growth in gdp really speed up. everything seems to suggest we will muddle along. we have had for the last three years of so. better than recession, but not nearly as fast as we have normally expected. gerri: well, as part of it due to washington because they cannot seem to solve any of the problems in front of them, whether it is sequestration on the debt ceiling? >> i certainly think that washington policies play a big r
Jan 28, 2013 4:00pm EST
a hint. sometimes it goes up before the economy is improving. we don't need monetary policy to drive stocks. >> that's why it's going up? >> the market? >> the yield. >> well, i think because the economy overall is improving and we're going to see some flows back in equities. that's why i think yields are actually starting to slowly go up. because it's starting to rejoin with gdp. >> benedict? >> i couldn't agree more. great numbers out of china. i think china is far more important than the european situation. and as yields go up, the exposure in your bond portfolio, the interest rates will have a drop on your yield. you got to be in equities. >> ben willis, b. belski. thank you. now, maria. >>> and it is 4:00 on wall street. do you know where your money is? welcome back to "the closing bell." i'm maria bartiromo on the floor of the new york stock exchange. the dow six-day winning streak in jeopardy tonight with a decline on the session. yahoo numbers are out. dow jones industrial down 12 points at 13,883. nasdaq finished positive just by a fraction. up about 4.5 points. and s&p 500
FOX Business
Jan 27, 2013 2:00am EST
to productivity. the only way economy grows is adding more people. unions run counter to that and why more people are against them. >> steve when they spend millions on issues they are losing, that is union dues money and doesn't fall out of the sky. >> yes, they are heavily in politics and union members don't have to pay for politicing and focusing on the bargains they don't pay the dues. it is overreach. >> are they toothless tigers. >> no, you have to keep an eye on this. the great state of california numbers are on the swing. they are coming from the latino community. one group of people that republicans are trying to become friends with. >> look at overall figures. union members down below 7 percent, emake. >> that's right. we haven't seen this in decades, david. the gig is uon the other side of the aisle. taxpayers realize that government unions lobby for more spend more tax hikes and meaning property taxes go up. why? to pay for the benefits . taxpayers are saying wait a second, we get it . the union members understand the back lash, too. >> bill, your back shot was hard to digest, but the
FOX Business
Jan 27, 2013 2:30am EST
invest in a public private partnership in geo engineering and transit it in a new energy economy. look at hurricane sandy. 50 billion and more in damagings. we'll keep having storms like that and impact insurance company and wall street, we have to get with the new economy. should it be public or private money? if there is a profit, the company companies will do it? we don't have to put our tax dollars do we? >> if green energy works we wouldn't need a suck sidies. 90 billion under president obama. that is flushed down the drain and you are again picking winners and losers. it just so happens, that the best energy carbob nuclear hydrocarbon and the green lobby oppose and vote against it is it a anti-man position. we use fossil fuels to better our lives and give us food and transportation and makes the modern world possible. to be against that is against the man's well being on earth. >> is there any proof that green initiatives have worked? >> apparently not. if you look down the list. everybody picks out solyndra. there is about 20 others that went up side down and in the toilet and a
Jan 21, 2013 11:00pm PST
can be we are going to talk about silicon valley and the bay area innovation to the economy today. as you look at the panel, talking about the silicon valley, we have the mayor of san francisco. it will come into perspective, that when you have a giant like ibm anchor here in the valley, you are seeing in between companies like google and apple and facebook with incredible growth. in san francisco, mayor lee has welcomed to the fold in twitter, zynga, companies that are into cloud computing, hiring lots of people that not only want to live and work in the valley but recognize san francisco as being part of the valley. we are, indeed, fortunate, from san jose to san francisco, to be part of the innovation economy. we are finally seeing once again california's innovation is leading us out of the last three years of recession. i do not know about you but i am pretty tired of the recession. i made a statement several years ago that it was about time for an adjustment to the economy, things were too expensive, overheated. two years after that, i regretted making that comment. it was gr
FOX Business
Jan 21, 2013 3:00pm EST
believes that's going to be the major thing to turn around the japanese economy. cheryl: i mean it's almost a currency war, if you will. i mean they are getting into a very crowded space, and with the pressure that we have seen in particular on the dollar, over the last two years, i mean, i'm wondering what that means for us. >> absolutely. they are starting to step on the toes of the fed. you know, the fed has been really priming the pump here, printing money, printing money in efforts to keep the dollar as weak as possible in this risk off type scenario market. so now some of these other central banks are now starting to fight back a bit, and the bank of japan has probably been the most aggressive in doing so with some of the easing that they have already done. cheryl: do you think they will do more easing? is that what you think is going to be the headline here? >> we have pretty much baked into the cake that they will be raising the inflation target to 2% from 1%. they are probably going to extend their asset purchases. they're really talking about different measures to dramatically wea
FOX Business
Jan 22, 2013 8:00pm EST
of money it spends, the amounts of money meddles in the world economy, and to the degree of which all of the spending and meddling is not paid for out of current income -- neil: doesn't make a great captivating speech. there's no war on this. right to point out television animal opportunity miss the. what struck me more was to do that, he had to sense that republicans didn't have the power or organization to challenge it. by not mentioning it, and by the media then correcting conservatives who dare condemn that deletion from the president's speech, he feels that it's the wind that hid that and not at republicans for reigning in that spending. >> well, and i think so, and this is where speaker boehner has the perfect opportunity to change the narrative by forcing everything through regular legislative order. you control what goes to the floor. don't reauthorize programs. i would love to have the nation debate the question, should we not reauthorize americorp or cut the marine come. they'll ask what's americorp? what's it do? the speaker can start the process if he has the discipline to
Jan 27, 2013 12:00pm PST
. remember the virginia economy, a lot of places very dependent on defense and other industries, neither side will look good if they cannot make an agreement. it is a prediction but one that i don't necessarily think will be true. >> david cuts would have a serious drag on the economy estimates from a half a percent to a full point of gdp. someone is going to get the blame for that if it happens. who do you think blinks first? >> that is a good point. you may recall the pentagon was very concerned about this saying they would have to cut about $100 billion right off the bat. some of the officials went to the white house and said let's make a deal on this. there will be a lot of pressure to do that. republicans agreed to raise the debt ceiling. that took away a little bit of their leverage going into negotiations at the end of february. here comes paul ryan. where has he been? he is making this line in the sand now. i think the white house is concerned because this could hurt the economy going forward if we go through these deep cuts and right now the white house is saying we need to keep the
Jan 23, 2013 10:00am EST
. we are going to take the greatest economy in the greatest country, with the greatest responsibility in the world and we are going to put them on a 0-day leash. . how does a great country respond on a 90-day leash? we know what happened the world saw this happened. we got downgraded in the credit rating. that drove up the cost of borrowing in the united states. that drove up the borrowing cost of corporations. that drove up the costs of counties and cities that we represent. and we're told again that should we falter on the credit debt of the united states, that we can expect a downgrade and we can expect a further downgrade in cities and counties all over the country. and somehow we're supposed to believe this is a good plan. what this plan does -- can i have three additional minutes? mr. mcgovern: i yield the gentleman two additional minutes. the speaker pro tempore: the gentleman is recognized for two minutes. mr. miller: what this plan does is hold the jobs of american families and working people all across this had country, it holds them hostage. it holds them hostage to the pa
Jan 25, 2013 6:00am EST
economy, which is completely manageable. this has shot up dramatically and it's going to continue to shoot up under current policies. the evidence is very clear in academic literature. it's very clear in international observation. there comes a point where your debt in terms of your economy reaches leve a level in which ct markets become noticeably disturbed and you become very worried. and if it's -- rising interest rates which then spread throughout the economy. mortgage rates and consumer rights and so forth. this is a certainty, and it is the path we are on that will have extreme consequences that we are not used to think about in this country spend i asked the question how much time do we really have. you know, with the u.s. per person debt now 35% higher at. wendy think we face our greek moment -- when do you think we take our greek moment to get our fiscal house in order? >> right now we are having good news-bad news situation. the good news is that despite all that we have done wrong, we're still one of the safest places in the world to invest. there's a lot of places around the wo
Jan 22, 2013 8:00pm EST
economy and is going to create jobs and increase the standard of living for hard- working, middle-class americans. you know, we talk so much about mortgaging the future, mortgaging our children's future and i care deeply about that. but frankly, we are mortgaging now the future is now. and we all -- all of us here, we want to fight. we want to fight for that nurse, that carpenter, that teacher, that grand parent, that parent, that student, we want to fight for everyone across this country. and the 113th congress has been sent here i think to be do big things, the hard things, and this is the first step in that process. no budget, no pay. >> questions? >> speaker boehner, yesterday in the president's inaugural address he suggested that immigration and climate change will be top priorities for him. what do you think of his call for action on climate change, and is immigration a high priority? >> there are a lot of priorities for the congress. a lot of priorities for the president. and right now, the biggest issue is the debt that's crushing the future of our kids and grandkids. hard
FOX Business
Jan 23, 2013 1:00pm EST
hillary clinton testifying on the benghazi attack. melissa: is the economy and low beer? we have an exclusive interview with the american trucking corporation bill graves. lori: the big apple shrinking? the new trend of micro- apartments in manhattan. 250 square feet. melissa: time for stocks now as we do every 15 minutes. let's head to the floor of the new york stock exchange where nicole petallides is standing by. nicole: i saw pictures of those apartments, i would love to buy one. they actually look very cute. let's take a look at some of the earnings related names. let's start at mcdonald's. it is up about a half% here. they expect the management -- that is not great news there. you can see the up arrow. when you talk about airlines they are up about three and a 3%. good news there despite the fact that superstar did actually cripple operations for some time. despite that, they did come in with an income of 37 billion compared with 18 million year-over-year. that is why you are seeing it up over 3%. united technologies which is to the upside. hitting 52 week highs today. you
FOX Business
Jan 22, 2013 5:00pm EST
with their best strategy and the outcome for both the market and the economy. don't go anywhere. more "money" coming up. ♪ twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares re, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. lori: all right. back to business in washington now republicans hold a big vote to whether or not to extend the debt limit until may. if congress doesn't pass a budget by april 15th they no longer get paid! i have no problem with that. our panel is here with their take on the strategy. we have our favorite economist, peter morici. the always amazing scott martin, chief market strategist with united advisors and former democratic congressman
FOX Business
Jan 21, 2013 1:00pm EST
on the economy and that, but not at the expense of social security, medicare, and medicaid >> we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. lori: the president giving his second inaugural address this morning. rich edson now joining us from washington d.c., and that was certainly a politically partisan address we heard from the president. >> reporter: well, it was a defense of the political theory, awaited the u.s. should be governed and should govern itself. i would almost characterize it as something along the lines of a response to what we heard from president reagan in 1981 when he said government is not the solution to our problems, it is the problem. president obama making the case that the government is not necessarily our problem. together we could do great things. together w
FOX Business
Jan 22, 2013 11:00am EST
to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing multi- year highs. while they see the trend to the upside, they rally to resist it levels. i wanted to take a look. it was lower in the free market. the cfo, chief financial officer, gave an outlook for 2013. it is now trading higher on this conference call. their wireless margins took a jump. a good outlook. back to you. dagen: thank you. congress is heading back to work just one day after president asked both parties to come together and stand behind his visions. connell: house republicans may be less than willing to join him. rich: so is the bipartisan goodwill. the effects of the inauguration starting to disappear a bit from washington. some tourists remaining in town. we expect them to drop the same lines we have
Jan 28, 2013 11:00am PST
of characteristics that will help build the american economy and strengthen american families. third, we create an effective employment verification system that will prevent identity theft and end the future hires of unauthorized workers and lastly establish an improved process for admitting future workers to serve our workforce needs while simultaneously protecting all workers. other bipartisan groups of senators have stood in the same spot before trumpeting similar proposals but we believe this will be the year congress finally gets it done. the politics on this issue have been turned upside down. for the first time ever, there's more political risk in opposing immigration reform than in supporting it. we believe we have a window of opportunity to act. but we will only succeed if the effort is bipartisan. by their presence today, my republican colleagues are making a significant statement about the need to fix our broken immigration system. we democrats are equally serious. we do not want immigration as a wedge issue. much rather we want a bipartisan bill that solves the problem and becomes l
FOX News
Jan 28, 2013 3:00pm PST
the financial industry afloat was part of rescuing the overall economy. >> the president does not believe anything we do in washington is worthwhile if it doesn't have as part of the purpose strengthening our economy. providing more security for our middle class. >> the aides said it would have been worse without the president's program including legislation aimed to prevent future bail-out of institutions deemed too big to fail. not all agree how effective it will be. >> peter moresi believes the big investment houses are thriving but the average investor is not. >> if they buy a mutual fund they have a high probability of not keeping up with the market. if they buy the s&p index which is the market, it doesn't make progress. >> the white house says it's not fault of the recovery plan. the stimulus bill contain more tax cuts and less spending than the president's advisors wanted. jay carney says the compromise was the best they could get. >> the idea that we would have somehow garnered more support in congress for something different, is a misreading of history. >> most people agree unce
Jan 24, 2013 11:00pm EST
of the ongoing drought is having on the u.s. economy and food prices. plus, your e-mails, phone calls, and tweets. washington journal live at 7:00 a.m. eastern on c-span. >> one of the key themes, of course, for any exhibition on the civil wars are the abolition and e mans nation. we are fortunate that they came of age what they did. between the two of them, they make issues around e mans passion and abolition. issues around human rights and american freedom on a general nonrace specific level. ly go through every piece of include that johnson puts in the picture. i'll summarize by saying for you pay attention to the top half as well as the bottom half. what you get is a white cat in the bedroom window and dark skin black woman holding a child. there's a ladder and a fabric coming out the other. there's a way in and out without being seen. there's a rooster up here. roosters have a habit in the evening of finding a perch and calling to the hen to spend the night with them. the hen is on top of the slave quarters. if you add up of the little ins and outs and look down here at the white girl enteri
FOX Business
Jan 24, 2013 9:20am EST
and you really do, you've got the makings of an upbeat, an up tick in america's economy, do you see it my way? >> i see it your way, this is very good news. we're on that road, stuart. but we cannot put politics completely to the side. our road has lots of potholes, lots of road blocks and possibly has a lot of tolls along the way. so, i think the biggest threat to the recovery happens to be our own government. >> yes, but -- and i'm just suggesting that if we build that pipeline and if we allow more fracking, you could have an energy based jobs recovery, i know that those are big if's, but i think we could get it if we get the pipeline and more fracking. go ahead, last word to you on this one. >> right, right, we have that, but also on the other side, remember what's going on internationally. we have a race to the bottom in terms of a currency war. right now, the dollar is going to start to strengthen from my opinion and i think when that happens, a lot of the companies that export are going to be hit, they have really good years last year, and with the weak dollar so we have the energy
Jan 25, 2013 4:00am PST
economy now that is slowly but surely- i am not going to say it's great- but it is better than it was, and i think that's helping that oil price, and i think that the market will shrug off anything from overseas right now. i think if it was a middle eastern problem, yes. but right now, not north korea. > there was a major fallout from apple's disappointing earnings. how much further will this stock fall, do you think? where is the bottom here? > > i think it could go probably another 10% more. i think it could be the $410, $400 level, because i think ultimately it has fallen out of favor. like sometimes a bar just becomes unpopular for no good reason. i think that has kind of happened to apple here. they have lost steve jobs obviously, they haven't had anything really new to roll out. so they are going to have to have some sort of event to stop the slide. > scott shellady of trean group. good to talk to you today. have a nice weekend. > > ok. all hands are on deck to get to the bottom of boeing's battery troubles. that's according to the national transportation safety board, which sai
Jan 27, 2013 6:30pm PST
? >> it is good for the economy. absolutely it is good for the economy. you know, there is a relationship between mood and spending. when people feel good they spend a little bit more. >> they feel good right now. >> they feel really good right now. very excited right now. >> reporter: there are the obvious things that my off of the shelves here like t-shirts and anything that helps folks identify with the 49ers. an estimate that fans national he will spend $11 billion on super bowl-related punches including beer and 5 million new television set fist. >> in general, san francisco -- television sets. >> in general, san francisco is an optimistic place and it is good for consumer spending. >> reporter: then, the stuff fans do while watching the game like consuming chicken wings, 8 million pounds of chips and another 8 million pounds of avocados. >> when we are in a situation like this that is just gripped the emotions of the entire city, really, nobody is left behind. everybody in some way is effected by this. and everyone gets involved. it is pretty m
Jan 20, 2013 7:30pm PST
's. one that is falling behind; and an economy that is growing. it we are looking at 40 percent of the juniors not ready to graduate in a years time, that is a serious problem that we need to address. i believe that these folks -- that is part of the generation that will not be successful in our local economy and we have to make sure that we are supporting san franciscans in this way, making sure people have the skills in the background to get jobs in the future and if we are not successful here we know that they will fall behind the cracks. it's really a no-brainer. we have a lot of wealth in the city. not everybody shares it equally and this is one way we can remedy that. colleagues i hope that you can support the supplemental. >> supervisor wiener. >> supervisor wiener: my position is the same as it was in december when we voted on this. i won't repeat all of those reasons. although the fiscal cliff catastrophe was avoided at least for the moment we still have significant risks at the state and federal level and i am not comfortable appropriating from our arguably inadequa
Jan 21, 2013 7:00pm PST
the importance of the other nine to five economy. the impact of all that you do has an impact on our job situation and local economy, and to highlight all of the great work that we can do together to ensure that the sectors that you all represent, the sectors that you work for, that you employ people for connaught is one of the greatest sectors in san francisco. i hope we will take the opportunity of the america's cup to showcase our clubs, our restaurants, our nightlife events. as someone who represents the broadaway neighborhood, an area of town that i used to spend a lot of time in when i was in my 20's -- but actually, very few locals take the time to head to the beach on broadway. our neighborhoods are coming together to say that broadway is open to the rest of the world as well as san francisco. i want to put san francisco back on the map when it comes to music. to make sure that we have the type of entertainment that we used to be renowned for. and those of you that work in our bars and clubs, i want to make sure that we are trading the kind of destinations that we look forward to
FOX News
Jan 22, 2013 12:00am PST
the country faces which is getting our economy going. >> sean: i like what our colleague charles krauthammer said it's an ode to big government and you pointed out in the list, gun control, gay marriage, global warming, he not only wants to lock in every liberal agenda item, but advance it further. will he be successful? second term are notoriously not successful. >> let's add global climate warming on her, climate change. we've already passed this through the congress. it's done. is congress going to pass it? is congress going to tell the states, no, you can't put that past voter i.d. laws? only in it's bipartisan doesn't require amnesty and citizenship. gun control passed, no. i think the president was basically declaring his administration is no longer substantive achievement. it's make the democratic party and making the republicans look more extreme. taking their strength to pass positive items that pile up over in the senate never to be really considered, but give them an agenda, a view that says to the american people he's over there worried about gun control. we're worried about gett
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